Deserve Credit

Prepaid / Value Loaded Debit Card Company: Deserve Credit is in the business of providing prepaid dedit cards to the sub-prime (primarily the lowermiddleincome working class), corporate travel and incentive, and student markets. Respectively, Deserve Credit MasterCard offers consumers with bad credit the ability to make retail and online purchases, better manage their credit card use, and repair their credit rating; companies and organizations the ability to control their employee/executive travel expenses by only loading travel per-diems for each employee trip or authorized purchase; company incentives and gifts for employees; and by parents extending their children the ability to make online and retail purchases with a MasterCard, while learning the importance of managing money and credit, without the possibilities of credit card misuse. For the sub-prime market, there is also a credit repair feature, Assure Credit, which helps consumers rebuild their credit by making monthly payments and reporting the timely payments to the credit bureaus; this is an add-on product that is automatically deducted from the card balance each month. Deserve Credit’s revenue model is based on ‘the float’ of the monies loaded and reloaded, Assure Credit monthly fees, and the regular PPSV transaction fees, such as loading, reloading, overdraft, etc.